Livepeer Token
ERC-20 · Ethereum
The token that powers the network.
Livepeer Token (LPT) is part of the coordination mechanism behind the Livepeer network — aligning incentives between the GPU providers who do the work, the applications that need video, and the stakeholders who help secure the network.
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LPT · 01
ETHEREUM
η53.23% STAKED
ERC-20 · 2018
OPTGEOX5/6XX5/6XXX1/6XX1/6XX1/6XX1/6XXΔ OPT +6.00uLIVEPEER · LPT
Tokenomics
The role of Livepeer token
LPT secures and coordinates the network through staking, selection, and governance.
Orchestrators — the providers who supply compute — stake LPT as a commitment to do reliable work. The more stake behind an orchestrator, the more work it earns, but it has to keep performing to keep it. Apps pay fees for that work, which flow to the orchestrators performing it.
Delegators stake LPT behind orchestrators they trust, sharing in those fees and rewards — directing capital toward the best operators. And as the governance token, LPT lets holders shape the protocol and treasury.
Requests and Jobs
- Applications: Request video compute jobs
- Gateway Nodes: Route jobs to orchestrators
- Orchestrator Nodes: GPU clusters process work
- Delegators: Stake LPT and earn fees
Exchanges
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Delegate
Earn rewards by staking LPT
Back GPU providers you trust with your LPT and earn a share of the fees and inflation rewards they generate.